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Q: Mini Crude Oil Refinery capital cost. ( Answered 3 out of 5 stars,   0 Comments )
Question  
Subject: Mini Crude Oil Refinery capital cost.
Category: Miscellaneous
Asked by: igwazu-ga
List Price: $200.00
Posted: 05 Feb 2006 19:10 PST
Expires: 07 Mar 2006 19:10 PST
Question ID: 441909
I need to establish the capital cost of a mini scale crude oil refinery (1,400
Barrels/day capacity) all air cooled, to operate in a remote region.
The mini oil refinery is to operate on
very sweet and light parrafinic crude oil, and which can produce (by
known yields) 450 B/d naphtha C4-275' Naphtha, 600 B/D atmospheric gas
oil (Straight run Diesel), 350 B/d waxy residue.  The (450 Barrel/day)
Naphtha must subsequently be cut into three solvent cuts and
de-odourised by trace chlorine injection. The refinery will need storage
tanks for 15,000 barrels, and product truck loading facilitiies, and
crude oil (truck receipt) facilities.  The refinery will need to
generate its own electric power from diesel. 

I really need asubstantive report which can be submitted to
financiers, so the question is, (a) the likely ballpark cost, and (b)
the best firm/person to do a paid report (eg Howe-baker or Val Verde
who make such plants, or Fluor or
Pervin&Gertz or this expert (if strong references) or such.
Answer  
Subject: Re: Mini Crude Oil Refinery capital cost.
Answered By: jbf777-ga on 06 Feb 2006 16:12 PST
Rated:3 out of 5 stars
 
Hello -

There appear to be only a couple companies that deal in miniature oil
refinery plants: Howe-Baker and Ventech.  Howe-Baker hasn't built one
in over 15 years, but claims they can most certainly do so,
notwithstanding.  Both companies confirm that most other plant
refinery engineering/procurement firms are simply too large to deal in
these smaller capacities, with typical projects in the tens of
thousands of barrels/day.

With that in mind, both companies say they can generate a report for
around $50K that will enumerate the capital costs involved with this
project.  More detail, depending on your exact needs, may push the
price into the $100's of thousands (as mentioned by Howe-Baker).
 
Having the report made by the likes of Purvin & Gertz would run around
$20K to $25K.  While the information might be generic industry
standard numbers, I'm told they would most likely be contacting the
likes of Ventech and Howe-Baker for the capital costs information
anyway for some of the information.  For another $20K+ Purvin & Gertz
could handle econometrics details, delving into such things as market
forecasts, cash flow models, ROI, etc., which may be necessary to you
for submission to financiers.

The bottom line is, when it comes to generating numbers for potential
investors, there appears to be a higher value going with Purvin &
Gertz, as they could provide the capital costs information *in
addition* to econometrics/profitability/feasability information
necessary for the same price.   However, depending on the situation,
you might have to have the capital costs assessment redone by one of
the engineering firms directly to get the most precise numbers in the
end, as these will be coming from the company actually generating the
bill of sale for the engineering and establishment of the site.

jbf777
Researcher
Google Answers

Clarification of Answer by jbf777-ga on 06 Feb 2006 16:12 PST
Select sources
????????????????????
Howe-Baker
Paul Fischer, 713-596-5528

Ventech
Kevin Stanley, 713-477-0201 

Purvin & Gertz
Gil Nebeker, 713-236-0318

Clarification of Answer by jbf777-ga on 06 Feb 2006 16:16 PST
In addition, Purvin & Gertz is one of the oldest, established
consulting firms in this business, and was quickly recognized by both
Howe-Baker and Ventech.
igwazu-ga rated this answer:3 out of 5 stars
Sensible Answer and Prompt response.

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